Solution of Q 57 Accounting Ratios TS Grewal 2022-23 [CBSE]
Step-by-step solution of Question 57, Chapter 4 Accounting Ratios, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.
Question 57
State, with reason, whether the Proprietary Ratio will improve, decline or will not change because of the following transactions if Proprietary Ratio is 0.8 : 1:
- (i) Obtained a loan of ₹ 5,00,000 from State Bank of India payable after five years.
- (ii) Purchased machinery of ₹ 2,00,000 by cheque.
- (iii) Redeemed 7% Redeemable Preference Shares ₹ 3,00,000.
- (iv) Issued equity shares to the vendor of building purchased for ₹ 7,00,000.
- (v) Redeemed 10% redeemable debentures of ₹ 6,00,000.

Solution

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About this solution
This is Chapter 4 Accounting Ratios of TS Grewal Edition 2022-23.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.


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